Mumbai ITAT held that additions cannot be sustained merely due to Form 26AS mismatches. The Assessing Officer must verify whether income was already taxed to avoid double ...

Refund delays usually arise because the return is not fully processed or because the tax department has flagged a mismatch or ...

Interest was disallowed solely because the payee had not declared it. The Tribunal relied on Form 26AS showing payment and TDS to allow the claim. The ruling underscores documentary evidence over ...

Income tax refunds are typically delayed when returns are not fully processed or when discrepancies are detected in the ...

This year, the department has intensified scrutiny. Here is what taxpayers should know about income tax refund delays ...

Delays in income tax refunds often stem from incomplete processing of returns or from issues identified by the Income Tax ...

The first thing to remember is there is no need to panic if your refund is delayed. Start by logging into the income tax ...

An income tax refund delay can be frustrating, especially when everything seems in order. From data mismatches to bank account issues, even small errors can stop the refund from reaching your account ...

Canadian citizen of Indian origin sold India property for Rs 2 crore; buyer deducted TDS but he did not file ITR; lost case ...

Income tax refunds usually get delayed because often times the returns are not fully processed, or the I-T Department finds ...

Most of the flagged cases in December involved returns where exemptions or deductions were claimed in the ITR but did not ...

For most taxpayers, the real sense of relief after filing an Income Tax Return (ITR) comes only when the refund amount is ...